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Tesla shares rev up as Model 3 deliveries to start in July

A wheel of a prototype of the Tesla Model 3 on display in front of the factory during a media tour of the Tesla Gigafactory, which will produce batteries for the electric carmaker in Sparks, Nevada, U.S. July 26, 2016.

REUTERS/James Glover II/File Photo

Tesla Inc's (TSLA.O) shares were up 3 percent in premarket trading on Monday after the luxury electric-car maker said it would deliver its mass-market Model 3 sedan to first 30 customers on July 28.

Model 3 sedan passed all regulatory requirements for production two weeks ahead of schedule, Chief Executive Elon Musk tweeted late on Sunday.

The announcement...


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